Average Cost of Van Insurance 2025

We gathered dozens of van insurance quotes for some of the UK's most popular vans in order to understand how much it costs to insure your van against calamities like an accident, theft, fire, etc.

Wondering what policy, vehicle or coverage level might be best for you, and what you can afford? Use the information below to help you spot a good deal when you see it. The article will cover how the cost of your insurance will be impacted by factors such as:

Average Cost of Van Insurance by Coverage Level

According to NimbleFins research, the average cost of comprehensive van insurance is in the range of £1,000 - £1,500 per year for popular 2-year old vans (equivalent to £92 - £138 per month at 18% APR). Comprehensive plans are the best type of van cover, as they cover both damage to other vehicles and also your own—even if an accident is your fault.

Surprisingly, NimbleFins research shows that comprehensive plans are generally cheaper than the other two types—Third Party, Fire & Theft (TPFT) and Third Party Only (TPO), saving hundreds of pounds a year while you get better cover.

At first glance, this pricing seems counterintuitive—why would the best coverage (i.e. comprehensive) be cheaper than van insurance offering less coverage? It comes down to real-world experience of van insurance companies. They have found that higher-risk drivers tend to favour third party policies. As a result, motorists taking out third party policies tend to have higher odds of a claim because they are riskier drivers, so insurers charge more for these policies.

For example, here are the cheapest policies found for cover for a Vauxhall Vivaro with a 40-year-old driver:

Any van driver with a long no claims bonus will pay less than a driver who can't show a safe driving history.

TPFT and TPO coverage had an especially high level of variance from quote to quote, with some quotes exceeding £20,000 per year. We also found that some insurers would impose large compulsory excesses on consumers for TPFT policies (up to £3,000 in some cases) so keep in mind it could be expensive for you if your van is stolen or involved in a fire.

Average Cost of Van Insurance by Van Age

As vans get older, their value decreases as newer models are released and the vehicles begin to show their age. Because of this value decrease, risk levels for van insurers decrease, and they're more comfortable offering you cheaper deals (basically because it would be cheaper to replace your van if it's stolen or written off).

Research indicates that by year 5 vehicles have depreciated around 60-70%, maintaining just 30-40% of their original value. Unfortunately, while insurance premiums drop over this time, our research shows that they don't fall nearly as much as the value of the vehicle!

Average Cost of Van Insurance for Different Models

Naturally, the model of van you choose will have an impact on the price of your insurance. Engine size, wheel base and vehicle value are just some examples of variables that can make your premium more or less expensive. You'll, naturally, also find that picking more expensive versions of each model will increase your cost—for standardisation purposes we used the most popular version of each model to produce our results.

While engine size certainly played a key part in defining insurance costs (with the Sprinter having a 2.1L engine, compared to 2.0L for the Transit and Transporter and 1.6L for the Vivaro) for the expensive Mercedes, it clearly isn't the be-all-end-all of defining insurance costs.

Average Cost of Van Insurance for Young Drivers

Much like the cost of car insurance, van insurance is considerably more expensive for younger drivers. A 25-year-old van driver expect to pay around double the amount of a driver who is 15 years older.

However, as you get older the financial benefits will start to diminish and eventually level out, and in some cases even become more expensive, although not by a considerable amount.

You'll find that cover is very expensive for a 20 year old, but by age 25 prices may drop by around 75%.

Average Cost of Van Insurance with Additional Driver

Adding an additional driver can have a meaningful impact on van insurance premiums. In some cases, the price might rise—in other cases, the price might drop. We've seen premiums range from 13% cheaper to 21% more expensive once a second driver was added to the quote—making it more critical to compare van insurance quotes if you're adding other drivers.

Another factor that can affect the cost is how the van is used: for business or private use. Business van insurance will tend to cost more than private van insurance, because business driving usually presents a higher risk. Business driving may occur during rush hours and on unknown roads and involve higher mileage and stopping on the side of the road to make drop offs. These factors can all increase the cost of vehicle insurance. Plus there are many other factors as well—e.g. even unexpected factors like signwriting on the side of a van can affect the cost of van insurance.

FAQs

Methodology

Unless otherwise stated, the data in this research piece reflect the average of the five cheapest policies found from our partner, QuoteZone. Our sample driver is 40 years old, has 10 years of no claims, and is a sole trader who logs 10,000 business miles per year.

We found a wide range in prices, with some policies costing twice as much as others, if not more. Before buying a policy, we recommend comparing prices of multiples plans to be sure you're getting a good deal. Get started with our van insurance comparison partner QuoteZone below: